Whiplash: Bitcoin Slides Below $6,500, Surges Above $7,100 in 8-Hour Span

Bitcoin traders might need a neck brace right now. That’s because the price of the cryptocurrency took a sharp U-turn in the course of trading on Wednesday. The day started quite dreary for HODLers. Candlesticks slowly and solemnly strode across the bitcoin chart in the upper half of the $6,000 range for much of the […]

Continue Reading

Chainalysis Report on PlusToken ‘Scammers’ Blamed for Monday’s Crypto Selloff

The slide began at 18:28 UTC on Monday. In just seven minutes, bitcoin slipped 4 percent, to $6,800 from $7,085 according to data from Coinbase. In that time, ether took a bigger hit, dropping 7 percent from $140 to $130. Neither had seen such lows since Nov. 25, when the crypto markets suffered a temporary […]

Continue Reading